EXPANSION
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Direct One Gets EUR10M Loan from BCR, BRD To Extend Bucharest Fiber Optic Network
Communications network operator Direct One, owned by Romanian entrepreneurs Teofil Muresan and Simion Muresan, has extended a EUR36 million club loan credit facility by another EUR10 million...
Horatiu Tepes, Bilka: Our Achievement Would Be A Production Facility In Germany Not To Sell The Business
Bucking the trend to sell the business to a foreign company or private equity firm, entrepreneur Horatiu Tepes, who owns metallic roofing manufacturer Bilka Steel in Brasov, says his target...
Adobe Has 550 Employees In Romania, Seeks To Hire 100 More This Year
US-held Adobe, one of the largest software companies in the world, plans to expand its team in Romania by another 100 people this year, most of whom will go to the technical departments, as...
Catalin Pozdarie, Hervis: 2017, Our Best Year In Romania Ever
Sporting goods retailer Hervis ended last year with gross revenue of about EUR41.5 million, which makes 2017 its best year since arrival in Romania, general manager Catalin Pozdarie says.
Help Net Retail Pharmacy Chain Sees EUR128M Revenue In 2017
Help Net, the retail pharmacy chain of businessman Ovidiu Buluc, ended 2017 with EUR128 million revenue, an increase of about 8% on 2016, according to ZF’s calculations. The number of pharma...
Canada's OSF Global Reaches Seven Offices in Romania
Canadian software company OSF Global has opened a new office in Craiova, southern Romania, reaching seven offices in Romania, and will relocate its team in Pitesti to a larger office space.
Synevo Lab Network Revenue Up To EUR46M In 2017
Synevo Romania, the lab network of the Swedish-held private medical service provider Medicover, posted EUR46 million revenue in 2017, an increase of 18% on 2016, after having expanded the nu...
Starbucks Wants To Double Romanian Network In 3-4 Years
US-held café chain Starbucks has doubled its network to 38 cafés in Bucharest and the big cities of Romania in the past three years. The company’s plans are to double its network again over...
Dona Hits EUR230M Turnover With 327 Drugstores; Bets On Expansion In Small and Medium Towns
Pharmacy chain Dona, the third largest player on the profile market, which was established by Eugen Banciu, reached a turnover of EUR230 million in 2017, up nearly 20% from 2016, according t...